Compensatory Time Payment. All accumulated compensation time, but for eighty (80) hours, will be paid to the employee by the City on the first paycheck in October. An employee may submit a request to the City Manager to cash out compensatory time if an employee faces an unforeseen financial hardship, such as significant medical expenses due to a serious illness or injury, or serious property damage caused by an act of nature (severe storm, earthquake). The City Manager shall respond to such request within eight (8) business days. The decision of the City Manager shall be final.
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Samples: Letter Agreement, s3-us-west-1.amazonaws.com, s3-us-west-1.amazonaws.com
